Asset Type Form - General Tab

The General Tab contains four subject areas within Expander Bars as follows:

General Parameters

Header

Description

Type

Description of a type of Asset.

Attribute Set

A picklist of available Attribute Sets each defining the Attribute and User Fields for an Asset Type. An Attribute Set can be common to a number Asset Types, differing only in Valuation parameters.

Type Code

A Unique Code generated by Conquest to position an Asset Type in its Hierarchy.

User Code 1 & 2

General purpose fields to apply a code or reference to Assets of this type, possibly from elsewhere in Conquest or from another application.

Risk Code

Element of Risk picklist for application to an Asset Type.

Special Type

For use with the Conquest Road Surface Manager (RSM)

Flags:

Tick one or more of these checkboxes to categorise the information:

    Standard

    Safety

    Maintenance

    Regulatory

User Help URL

This field can record the path (pointer) or website address of any file that contains Help Documentation created by the organisation for Assets of this type. This is in addition to  Conquest Online Help Documentation.

 Asset Type Notes

Notes about the Asset Type.

External Map Layer

Is used for Dekho Integration purposes

 

 

Modelling Parameters

Header

Description

Details - Modelling

Description

Deterioration Curve and Modeling Life

These are specifically for use with the Conquest Road Surface Manager product.

 

 

Icons

In the life of a Valuation Asset, its Status can be:

      Proposed

      Existing

      Disposed

You can assign an icon for each Asset Status, so that Assets of the Asset Type, will show the icon in the Asset Explorer and in the Tab of the Asset Form. Edit the Asset Type as follows:

      The ellipsis button on the right, opens a file browser for selection of an icon file from a network location that you have read access to, often a repository of Icon files, as used by your organisation

      When you have selected an Icon, it is displayed on the left of the ellipsis

      Leftmost is the Delete button, which removes the Icon file

Valuation Parameters

Header

Description

Valuation Item

Tick this, so any Asset of this type can be a Valuation Asset and have Valuation Transactions. Unticked stops Assets of the Asset Type from being Valued.

Depreciation Item

For Valuation, tick this, so any Asset of this type is Depreciated and has Depreciation Transactions.

Dimension to Value by

One of the eight Dimension fields is selected for calculation of an Asset’s replacement cost.  When set on an Asset, this Dimension is copied into the Measurement field.

If the ‘Dimension To Value By’ Dimension column is included in an Import File of new ‘Existing’ Assets, both it and the Measurement column are given the same value from the Import File. If neither column is included in the Import File, the resulting Asset’s Measurement is set to 1.

Unit of Measurement

Displays the unit of measure from the selected Dimension to Value by, if it has one. If not then a unit can be selected from the generic Units List.

Replacement Cost Rate

This is the Standard Unit Rate. When multiplied by Dimension to Value By field of an Asset, gives its Replacement Value.

Renewal Cost Rate

The Renewal Cost, based on this rate, is displayed on the Asset in addition to the Replacement Cost

Standard Life (Years)

This determines the predicted life of an Asset of this type from new.

Depreciation Method

Depreciation Calculation methods:

    Where an Annual Charge is specified, or

    Remaining Depreciable Value over Remaining Life

Depreciation Rate (Per Annum)

The Depreciation Rate is set for the Asset Type but can be set for individual Assets too, if so desired. The data is in tblTypes.DepRate and tblAsset.DepRate

Condition At End Of Life

This specifies the expected condition for the Asset’s End of Life.

Standard Residual (%)

The percentage specified here is used to calculate the residual value of an Asset at revaluation or purchase. The result of the calculation is displayed on the Asset form in the Assessed Residual Value field. As it is a calculation field, please enter 0.1 for 10%.

Valuation Cycle (Years)

This determines how often Assets of this type are revalued.

Preferred Basis for Valuation

This dropdown list shows the list of differing methods of valuation. Choosing one will display on the Asset Form the method by which the Replacement Cost was arrived at.

Valuation Notes

For recording standard Valuation Notes.